Which country has had a higher growth rate than the U.S. over about the last 120 years?
a. India
b. Mexico
c. United Kingdom
d. Pakistan
b
You might also like to view...
If one nation is able to produce a good at a lower opportunity cost than another, it has
A) an absolute advantage in that good. B) a comparative advantage in that good. C) a productivity advantage in that good. D) a technological advantage in that good. E) no reason to want to trade that good.
A renewable resource:
A. can be replenished naturally over time. B. is used to regenerate an old piece of capital. C. is used when adopting new technology, and replacing old capital. D. cannot be replenished naturally over time.
When financial institutions borrow from the Federal Reserve, this is called
A. open market operations. B. borrowing on margin. C. using the discount window. D. fiscal policy.
Websites and organization that use a "bet-against-yourself" system of encouraging people to work towards specific goals in the future are helping people deal with:
A. Framing effects B. Mental accounting C. Anchoring D. Time inconsistency